Minimum Percentage Requirement definition

Minimum Percentage Requirement means the requirement that, after giving effect to any limited partner’s tender, the value of such limited partner’s account must be equal to at least 25% of its value immediately before giving effect to its tender.
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Minimum Percentage Requirement has the meaning set forth in Section 2.2(b). ​
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Minimum Percentage Requirement has the meaning set forth in Section 2.3(b) of this Agreement.
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Examples of Minimum Percentage Requirement in a sentence

  • The Parties agree that the terms of this Agreement shall apply to the Manufacture of API pursuant only to Purchase Order 80767, however both Purchase Orders 80319 and 80767 shall apply towards the Minimum Percentage Requirement.

  • If Company does not provide such documentation within this [***] period or if such documentation does not demonstrate, to SAFC’s reasonable satisfaction, that Company purchased the Minimum Percentage Requirement based on Company’s demand forecast, the Parties will engage in good faith discussions for a period of an additional [***] in an effort to resolve the disagreement.

  • The results communicated to Pharmazell regarding any such audit shall be limited solely to whether Intercept ordered the Minimum Percentage Requirement for such Calendar Year and any deviations from the Minimum Percentage Requirement.

  • Subject to the Minimum Percentage Requirement and the Minimum Annual Requirement set forth in Section 2.2(b), this Agreement shall not limit Intercept’s right to obtain Supplied Material from any third party.

  • If an Addendum is made to this Bid Sheet, the same calculation will be used to determine if the Minimum Percentage Requirement has been met.

  • For clarity, the Minimum Percentage Requirement shall not apply during the period between the Effective Date and December 31, 2010 or any partial year during the Term resulting from the expiration or termination of the Agreement during a calendar year.

  • In addition, in the event that Novasep does not have sufficient capacity to supply API as forecasted or otherwise informed by Inspire during any particular calendar year, Inspire will be relieved of the Minimum Percentage Requirement during such calendar year.

  • For clarity, if Inspire terminates this Agreement pursuant to this Section 14.5, Inspire shall have no payment obligations with respect to the quantities set forth in any Purchase Orders or quantities forecasted for any Firm Zone, and the Minimum Percentage Requirement shall not apply.